Stainless Steel & Special Alloys | Primary production to compete with scrap

For 2011, global production of stainless steel is set to fall approaching 10% short of previous projections following the return of a cloudy business outlook and of a trend towards short-term order patterns. ‘The only thing we know is that we don’t know anything,’ was one of the acute observations made at the Round-Table meeting in Munich.

Given that stainless steel demand has failed to rebound as strongly as expected in recent months and that the outlook for the fourth quarter remains ‘uncertain’, global stainless production ...

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